Fintech PR
OWIT Global Provides Alternative Delivery Models that Adapt to the Continuously Evolving Data Security Demands of the Industry
OWIT Global Expands Customer Base with Solutions Now Available as Software as a Service (Hosted), Client On-Premise/VPC (Virtual Private Cloud), and as a Hybrid (Part Hosted, Part On-Premise/VPC)
WEST HARTFORD, Conn., Jan. 7, 2025 /PRNewswire/ — OWIT Global (OWIT), the leader in cloud-based insurance-specific microservices architected solutions to digitalize the global insurance industry, is pleased to announce flexible options when delivering its leading industry solutions for Data Integrity and Operational Efficiencies. The options include Software as a Service (Hosted), Client On-Premise/VPC (Virtual Private Cloud), and a Hybrid (Part Hosted, Part On-Premise/VPC).
OWIT is SOC II Compliant, working with client data with secure processes and infrastructure. Depending on the customer profile, OWIT provides solutions in the delivery method that aligns with companies’ security standards for data and access rights.
“Insurer requirements as it pertains to data security has become a central conversation,” said Wendy Aarons-Corman, chief executive officer of OWIT Global. “OWIT’s customers have worked closely with our team on this essential need, and we are now deploying our solutions to multiple cloud-based and On-Premise/VPC options. These solutions range from fully OWIT-hosted deployments to fully customer-hosted. These options deliver significant flexibility to tailor the deployment where a combination of OWIT and customer-hosted deployments are required to meet the customer’s security standards while maximizing the efficient cost structure of a SaaS deployment. The OWIT team is proud to have invested millions of dollars in our no-code insurance-specific solutions and the delivery practices and tools.”
OWIT’s data integrity solution, Insurance Data Management (IDM), consumes, cleanses, and validates data for 100% scrubbed data for insurer consumption and evaluation. Clients leverage IDM for bordereaux management, Statement of Values (SOVs), Data Migration, and future data interchange requirements, whether as a receiver or supplier of data. OWIT’s Insurance Process Management (IPM) Solution includes configurable portals for all distributions, submission management, and point of sale that extend customers’ existing system investments and create operational efficiencies.
Combining clean data and operational efficiencies results in true digitalization.
OWIT’s solutions can offer significant cost savings over the traditional model, where Carriers, Reinsurers, Brokers, MGAs, MGUs, TPAs, and other partners separately attempt to address their respective challenges of data and insurance processing.
To learn more about OWIT Global, check out our website at www.owitglobal.com.
About OWIT Global
OWIT Global (OWIT) is an insurance technology company specializing in solutions built on a unique suite of reusable insurance-specific microservices. OWIT’s solutions include Bordereaux and Binder Management, Business to Business/Consumer Portals, User and Point of Sale Portals, Rating, Document-lite Generation, and Insurance Data Transformation. Each OWIT solution is built on a collection of microservices that allow for unprecedented reusability to deliver an array of additional solutions to solve pressing pain points for both immediate and longer-term business benefits. OWIT’s solutions can be deployed standalone or integrated with a Broker’s, Carrier’s, or MGA’s existing environment to maximize investments. To see the power and flexibility of the OWIT catalog of cloud-based microservices, visit www.owitglobal.com.
Media Contact:
Gilda Migliore
[email protected]
1-833-GET-OWIT X708
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Fintech PR
oneZero kicks off 2025 with focus on driving innovation and announcement of LPGA sponsorship
BOSTON, Jan. 8, 2025 /PRNewswire/ — oneZero, a global leader in multi-asset enterprise trading technology solutions, is kicking off 2025 with the announcement of a new brand campaign “Driving Innovation”, complemented by the sponsorship of Alexa Pano, a rising star in the Ladies Professional Golf Association (LPGA). This partnership reflects oneZero’s commitment to fostering a culture of resilience, progress and innovation. oneZero’s focus on “Driving Innovation” has been showcased in the recent transformative investment in oneZero by Golden Gate Capital, a series of industry recognized disruptive capabilities for banks and institutional brokers, and a set of 2025 innovations highlighted by oneZero’s CEO at the end of 2024.
Hailing from Westborough, Massachusetts, near oneZero’s Boston based headquarters, Alexa Pano exemplifies the values that resonate deeply with oneZero: determination, hard work and innovation. As a young athlete making waves in professional golf, Alexa’s journey aligns with oneZero’s mission to drive innovation in the financial markets and redefine what’s possible.
oneZero selected Alexa Pano for her influential presence in the LPGA, aligning with the company’s dedication to empowering women and promoting gender equality, as well as the desire to advance the brand through sport, in an industry that historically underemphasizes the momentum of programs such as the LPGA.
“This partnership with Alexa Pano represents more than just support for a promising athlete; it’s a celebration of innovation and breaking boundaries,” said Andrew Ralich, CEO and co-founder of oneZero. “Alexa’s determination on the course mirrors oneZero’s resolve to revolutionize financial technology,” added Andrew Ralich.
Alexa Pano expressed her enthusiasm for the partnership, stating, “I’m thrilled to partner with oneZero, a company that values hard work and innovation as much as I do. Their support not only fuels my journey on the LPGA Tour but also highlights the importance of empowering women in sports and beyond. I’m excited to work with oneZero to inspire others and make an impact together.”
Engaging both employees and clients through sport has been an integral part of oneZero’s culture since the firm’s inception. As part of the sponsorship, Alexa will engage in oneZero-hosted golf events, including their flagship golf event in Miami next month, as well as oneZero’s participation in the annual Big Brothers Big Sisters Golf for Kids golf outing, a charity that oneZero management has remained engaged with for many years. Alexa will feature the oneZero logo on her apparel at these events and while on tour.
oneZero’s recent investment from Golden Gate Capital, announced in November 2024, is accelerating oneZero’s organic growth and M&A strategy. This is enabling oneZero to further expand its innovative technology solutions and strengthen its position as a leading technology partner in the global OTC trading market.
“We are excited to showcase more examples in the coming months of how our organization, alongside Alexa, will continue to “drive innovation” in 2025!” added Andrew Ralich.
About Alexa Pano
Alexa Pano is an LPGA golfer recognized as one of the sport’s brightest up-and-coming talents. Known for her tenacity and skill, Alexa’s accomplishments on the golf course have made her a role model for aspiring athletes and a powerful advocate for women in sports. Alexa recently finished T-10 at the 2024 AIG Women’s Open. In 2023, she won the ISPS Handa World Invitational on her 19th birthday for her first career professional victory on the LPGA Tour.
About oneZero
oneZero Financial Systems has been a leading innovator in multi-asset class enterprise trading technology since 2009. Its powerful software encompasses the Hub, EcoSystem and Data Source – three components that together provide a complete solution for execution, distribution and analytics. Through reliable connectivity, technology, infrastructure and market access, oneZero empowers financial institutions and brokers to compete effectively in the global financial markets through a globally compliant, liquidity-neutral solution. oneZero is certified to the standards of ISO 27001 information security management systems, and has development and operations centers in Asia, Australia, Europe and North America.
For more information, please contact:
Talia Geberovich
Head of Marketing and Communications
[email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/onezero-kicks-off-2025-with-focus-on-driving-innovation-and-announcement-of-lpga-sponsorship-302344392.html
Fintech PR
Holistic care for senior citizen parents of NRIs: Policybazaar and insurer partners join hands for elderly support services
GURUGRAM, India, Jan. 8, 2025 /PRNewswire/ — Policybazaar, in collaboration with its insurer partners, has lifted the caregiving worry off the shoulders of its NRI customers by introducing a range of comprehensive services as part of the NRI Care Program. The program includes benefits such as dedicated NRI concierge services including hospitalization and claims support for NRIs and their elderly parents living in India. Policybazaar is now stepping up to provide absolute peace of mind for its NRI consumers through emergency and healthcare management as well. Health insurance in India for NRI’s senior citizen parents is thoughtfully designed to fulfill every aspect of elderly caregiving. These services ensure that NRIs and their senior citizen parents receive top-notch support on priority.
Comprehensive elderly care under one roof
This new initiative rolls out an umbrella of services aimed at easing the concerns of NRIs, 40-60% of whom hail from the Gulf region and the rest majorly from the US and Canada. Notably, 50% of these NRIs prioritize securing the well-being of their elderly family members in India. Our research indicates that more than 70% of the NRIs expressed the need for support in services such as right doctor or hospital identification in India and thereafter with claims paperwork.
These services include:
Emergency and concierge support: A 24/7 emergency helpline dedicated to NRIs ensures immediate assistance during critical moments. Additionally, concierge services help manage essential formalities and documentation seamlessly.
Healthcare needs management: NRI Care program provides access to doctors on call, tailored medical consultations, ambulance coverage and guidance on hospital selection among other benefits. It also facilitates sessions with psychologists and physiotherapists.
Social engagement and wellness activities: Seniors can access engaging activities and lively events to stay active and socially connected, along with counseling services to support their emotional well-being.
Streamlined claim support and tailored assistance: Policybazaar has also introduced a unique on-ground claim support service, promising assistance within 30 minutes for emergency needs. This swift and personalized approach underscores Policybazaar’s commitment to making the claims process as stress-free as possible for senior citizens and their families.
A solution tailored to NRIs’ needs
“Our aim is to provide NRIs with a worry-free experience, knowing their loved ones in India are being cared for with the utmost professionalism and empathy. By integrating healthcare management, social engagement, and emergency services, we are redefining senior care, making it holistic and truly impactful,” says Sarbvir Singh, Joint Group CEO, PB Fintech.
“Recognizing the dual challenges faced by NRIs in managing professional lives abroad and ensuring the well-being of their families in India, the NRI Care Program bridges this critical gap. This initiative comes from a deep understanding of the social and clinical needs of seniors and how NRI customers struggle to manage them from far away. We aim at offering a blend of practicality and compassion that sets a new benchmark for eldercare services,” says Siddharth Singhal, Head, Health Insurance, Policybazaar.com.
With this forward-looking approach, Policybazaar is empowering NRIs to support their elderly family members, ensuring they live a life of dignity, health and joy – no matter where their loved ones reside.
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Fintech PR
BIZCLIK MEDIA LAUNCHES JANUARY EDITIONS OF FINTECH MAGAZINE & INSURTECH DIGITAL
The January editions of FinTech Magazine and InsurTech Digital contains exclusive insights from EY, Hiscox & Storebrand.
LONDON, Jan. 8, 2025 /PRNewswire/ — BizClik, the UK’s fastest-growing publishing company, has published the latest editions of FinTech Magazine and InsurTech Digital. These publications are highly regarded voices within the Financial Sector for their in-depth reports and interviews with prominent figures in the industry.
FinTech Magazine
This month’s edition features an extensive lead report with Chris Schmitz, EMEIA FinTech Leader at EY.
“Many industry players, particularly in insurance and asset management, have no experience providing real-time data through API infrastructure.”
The edition also contains extensive interviews with key thought leaders from Storebrand, Abu Dhabi’s Department of Culture and Tourism & CFC. Plus, the Top 10: Finance Trends.
You can visit FinTech Magazine for daily news and analysis of the ever-changing financial industry.
InsurTech Digital
This month’s edition features an extensive lead report with Eddie Lamb, CISO at Hiscox, as he uncovers the wide-ranging costs of cyber-attacks, the changing threat landscape and the power of cyber resilience.
“Although cyber-attacks can have significant financial consequence, the impact on customer trust and brand reputation can be even more costly.” – Eddie Lamb, CISO at Hiscox
The edition also contains extensive interviews with key thought leaders from Innovation Group, EY and Hagerty. Plus, the Top 10: Sustainability Leaders in Insurtech.
You can visit InsurTech Digital for daily news and analysis of the ever-changing insurance industry.
About BizClik
BizClik is one of the fastest-growing digital media companies in the UK, host to a growing portfolio of industry-leading global brands and communities.
BizClik’s expanding portfolio includes Technology, AI, FinTech, InsurTech, Supply Chain, Procurement, Energy, Mining, Manufacturing, Healthcare, Mobile, Data Centre, Cyber, and Sustainability.
For more information, please visit our website.
View original content:https://www.prnewswire.co.uk/news-releases/bizclik-media-launches-january-editions-of-fintech-magazine–insurtech-digital-302345742.html
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